CHELLANEY pointed out that Trump’s most important tariff measures were to China. In his second phase, Trump aims to send a strong warning to Beijing by imposing a 10 % tariff.
“As a result, Xi Jinpei’s administration is in trouble. Rare retaliation from China will probably invite US tariffs, but it cannot make Xi Jinping weaker at home,” he said. Ta.
He warned that Chinese economic engines could not afford to buy a expanded trade war with the United States at this point. “This is just the opening salvation. It’s almost time,” he said.
CHELLANEY pointed out that China’s response is limited.
“WTO is an organization without teeth and cannot effectively deal with China’s concerns about Trump’s latest punishment. This is how to restrict Chinese leverage against Trump’s tariff strategies. He emphasizes whether he is. “
China has endured more US actions because the economy is greatly dependent on exports. “Last year, China’s export trade reached nearly $ 1 trillion, and Trump’s tariffs will eroded this trust and adopt US allies in trade war,” he explained.
CHELLANEY emphasized that China’s economic growth engine cannot afford to buy a wide range of trade wars with the United States. He warned that this had international spread.
“10 % of the 10 % of the United States in China will not be released, but 25 % of Canada and Mexico can be negotiated,” he said.
